Old Neighbourhoods Deserve the Authorities’ Attention

[Addis Fortune] The lack of maintenance in parts of the city that have cultural and historical importance still confronts the city. Just as unfortunate is the gentrification that seems to pay little attention to the needs and wants of the residents the…

[Addis Fortune] The lack of maintenance in parts of the city that have cultural and historical importance still confronts the city. Just as unfortunate is the gentrification that seems to pay little attention to the needs and wants of the residents there, writes AMBESSAW ASSEGUED(assegued@anfilo.com).

source: AllAfrica News: Ethiopia

Red Cross Provides Relief to the Displaced

[Addis Fortune] International Committee of the Red Cross (ICRC) and Ethiopia Red Cross Society are going to start providing relief to 100,000 people displaced in Kochere district, Gedeo zone due to the inter-communal clashes in southern Ethiopia.

[Addis Fortune] International Committee of the Red Cross (ICRC) and Ethiopia Red Cross Society are going to start providing relief to 100,000 people displaced in Kochere district, Gedeo zone due to the inter-communal clashes in southern Ethiopia.

source: AllAfrica News: Ethiopia

Parallel Market Exchange Rate Weakens, Banks Celebrate

[Addis Fortune] The black market for hard currencies operates outside the rules and regulations set by the authorities. While the official exchange rate for one dollar has been set at 27.5 Ethiopian Br, the black market rate had peaked at a historic ra…

[Addis Fortune] The black market for hard currencies operates outside the rules and regulations set by the authorities. While the official exchange rate for one dollar has been set at 27.5 Ethiopian Br, the black market rate had peaked at a historic rate of 36.6 Br. However, the last two weeks have seen a significant decline of 19.4 pc in the black market rates. Subsequently, a slight increase in remittances and forex supplies has been witnessed in the mainstream financial sector, writes BEHAILU AYELE, FORTUNE STAFF WRITE

source: AllAfrica News: Ethiopia

Two Foreign Firms Vie to Supply Steam Coal

[Addis Fortune] Two international companies are vying to supply steam coal which will be distributed to cement factories operating in the country. The procurement would likely cost the country close to 50 million dollars.

[Addis Fortune] Two international companies are vying to supply steam coal which will be distributed to cement factories operating in the country. The procurement would likely cost the country close to 50 million dollars.

source: AllAfrica News: Ethiopia

Mere Information Overflow Fails to Inform

[Addis Fortune] The present world is both simple and complex. It is simple because advanced communication technologies provide us with plenty of important ideas and information. It is complex because the astonishing technological changes are difficult …

[Addis Fortune] The present world is both simple and complex. It is simple because advanced communication technologies provide us with plenty of important ideas and information. It is complex because the astonishing technological changes are difficult to catch-up with. Under the current culture of media practice, although many are dependent on it, few understand its function.

source: AllAfrica News: Ethiopia

The Middle Belt Reawakening and the Future of Republic

[Vanguard] A HISTORIC Summit of the peoples of the Middle Belt holds this week. The event began yesterday Monday with a rally and will conclude today Tuesday with a conference on security and development in the region. It was the great novelist Chinua …

[Vanguard] A HISTORIC Summit of the peoples of the Middle Belt holds this week. The event began yesterday Monday with a rally and will conclude today Tuesday with a conference on security and development in the region. It was the great novelist Chinua Achebe who once said that, "unless the lion learns to tell his own story, his history will always be written by the hunters".

source: AllAfrica News: Nigeria